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Colchester?

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la_farfallina
la_farfallina Posts: 249 Forumite
in House buying, renting & selling
I have been looking at properties in Colchester on rightmove and the prices there are so much cheaper than London.

Can anyone give me areas to avoid?
Are Colchester prices low for a reason? (The bargainous prices have made me somewhat suspicious.)

Farf x
«1

Comments

  • BitterAndTwisted
    BitterAndTwisted Posts: 22,492 Forumite
    10,000 Posts Combo Breaker
    Property everywhere is cheaper than in London! Excepting Monaco perhaps.

    Colchester is a huge garrison town and I expect that is a major factor where prices are concerned
  • zara*elise
    zara*elise Posts: 481 Forumite
    I was looking in Colchester and Chelmsford for houses, but I'd prefer to be closer to London for work. Plus train fares are way more expensive, £40-50 compared to the £15 I pay now. I do know that quite a few friends have moved to Colchester because prices are so cheap.
    Foreign politicians often zing stereotypical tunes, mayday, mayday, Venezuela, neck
  • la_farfallina
    la_farfallina Posts: 249 Forumite
    Although I would much prefer living in Monaco, Colchester is where my new job offer is.
  • CloudCuckooLand
    CloudCuckooLand Posts: 1,905 Forumite
    Some nice villages in North Essex/Suffolk border, commutable into Colchester, where you can pay more, if you want to...
    Act in haste, repent at leisure.

    dunstonh wrote:
    Its a serious financial transaction and one of the biggest things you will ever buy. So, stop treating it like buying an ipod.
  • epsilondraconis
    epsilondraconis Posts: 1,758 Forumite
    la_farfallina wrote: »
    Can anyone give me areas to avoid?

    Colchester.
  • BornAtTheRightTime
    BornAtTheRightTime Posts: 407 Forumite
    Colchester is cheaper because it's a bit far for London commuting. Chelmsford is more expensive because it is in easy reach - although cheaper than brentwood/Shenfield which are more convenient still for London.

    Depends on what you want to spend - there are some extremely expensive villages between Chelmsford and Colchester because they have the London-commute factor and the village atmosphere.
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  • westv
    westv Posts: 6,447 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'd suggest Basildon, the Monaco of Essex. :D
  • BornAtTheRightTime
    BornAtTheRightTime Posts: 407 Forumite
    westv wrote: »
    I'd suggest Basildon, the Monaco of Essex. :D

    Are you referring to its aptly-named nightclub and casino area, Bas Vegas?!
    3.9kWp solar PV installed 21 Sept 2011, due S and 42° roof.
    17,011kWh generated as at 30 September 2016 - system has now paid for itself. :beer:
  • nic_santorini
    nic_santorini Posts: 801 Forumite
    There is an estate near the University of Essex, called Greenways or Greenfields - something like that - it is a dump, stay away. Places like Wivenhoe are really nice. I like Colchester, but I guess there is no accounting for taste.
    Food and Smellies Shop target £50 pw - managed average of £49 per week in 2013 down to £38.90 per week in 2016
  • jonny_power
    jonny_power Posts: 270 Forumite
    The trainline to Colchester isn't great. I'd recommend Southend/Leigh on Sea/Benfleet area which is served by the c2c line and is only 40-50mins to London. Nice places too.
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